Lockdown, Day 68: India at the crossroads

PM Modi to share his vision of 'Getting Growth Back' with India Inc on Tuesday even as thousands of India’s startups face an existential crisis. But the nation is at crossroads, either we turn this crisis into opportunity or lose the economic plot...

PTI
Modern economies will change forever after the coronavirus pandemic passes says a Bloomberg report. This holds equally true for Indian companies who are now trying to recover from a plummeting demand.

The state is also pitching in. The government has dropped contentious clauses paving the way for Apple and others to make a larger play in local production and attract global manufacturers. All this even as India has announced an Unlock 1.0.

Track this space for latest updates...



COUNT SO FAR

  • UP reports 262 new cases; state tally nears 3,000
  • Cases shoot up by 110 to 3,571 in Andhra Pradesh
  • Assam reports 56 cases; state tally rises to 1,272
  • Manipur reports 4 cases, total number at 66.
  • Rajasthan reports 76 cases, total positive cases at 8693
  • 91 Maharashtra police personnel test positive in last 24 hours
  • Maharashtra case count rises 65,168
  • Odisha reports 129 cases, total number at 1,948
  • 55 new COVID19 cases in Indore district, tally 3,486
  • Arunachal reports fourth COVID-19 case
  • Fourth phase of lockdown accounts for nearly half of total cases

World India
Tally Toll Tally Toll
6,075,786 369,529
182,143 5,164

LIFE UNDER LOCKDOWN
  • Govt releases Lockdown 5.0 guidelines
  • Unlock 1.0: Guidelines for Uttar Pradesh
  • 'Mission Begin Again' aims Maharashtra
  • International flight operations to remain suspended till June 30
  • Shatabdi trains to be redeployed; bookings to start soon
  • 529 domestic flights carrying 45,646 passengers operated on Saturday
  • PM Modi addresses the nation through Mann Ki Baat
  • Herd immunity as COVID-19 strategy risky: CSIR DG
  • CISCE allows class 10,12 students to appear for boards later
  • Air India adds Covid tests to pre-flight checklist
  • From June 1, Goa to get more trains, flights
  • ICMR asks states to do sero-survey in high-risk populations
  • Delhi govt seeks Rs 5,000 crore from Centre to pay employees' salaries

BUSINESS AND ECONOMY

  • FPIs net sellers for 3rd straight month in May; pull out Rs 7,366 cr
  • Infosys says risks could hit profitability, CEO compensation jumps 27%
  • Closure of economic activities should have been reviewed carefully: Yamaha
  • Majority of consumers want to buy goods from kiranas going forward
  • BBB recommends Ashwini Bhatia for post of SBI MD
  • ICAI to develop audit quality indicators; seeks to bolster competence
  • Bank Credit growth decelerates to 7.3 per cent in April
  • Reliance on track to achieve zero net debt: Report
  • Amid lockdown and COVID-19 scare, digitisation gains momentum
  • India paves way for Apple, others to increase domestic production
  • Toyota Kirloskar sales dip 86 pc in May

AROUND THE WORLD

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  • Greece to allow tourists from all nations
  • US cities fear protests may fuel new wave of virus outbreaks
  • Singapore in talks with several countries to establish 'green lanes' for travel
  • Coronavirus cases in Pakistan rise above 69,470
  • Saudi Arabia reopens mosques with strict regulations
  • Donald Trump postpones G7 summit, wants India, others to join group
  • China’s factories restart among weak domestic, global demand

DEBATE THIS

  • India should forget catching up with China in growth. Agree? Tell us here
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